World markets rocket higher on optimism Iran war could end soon

April 1, 2026 3:37 PM

World markets rocket higher on optimism Iran war could end soon

Stocks soared, bonds rallied and the dollar wallowed on Wednesday, as hopes of a de-escalation in the Iran conflict fuelled the biggest rebound in regional equities in more than three years. Europe's STOXX 600 surged 2.3% in early trade - on track for its biggest daily jump in a year - as travel stocks rose about 4% and aerospace and defence stocks were 3.6% higher. German bund yields fell 7 basis points . MSCI's broadest index of Asia-Pacific shares outside Japan rose 4.7%, snapping a four-da...

World markets head for reality check after month of Trump

November 29, 2024 2:35 PM

World markets head for reality check after month of Trump

November was a month of clear winners and losers from Donald Trump's Nov. 5 U.S. election victory.   Trump trades, essentially punishing tariff-sensitive assets from European exporters to Mexico's peso and driving investment towards U.S. stocks and the dollar, proved successful. Wall Street has rallied, the dollar gained 2% against rival major currencies and bitcoin surged.   But December could be bumpy, with the Trump trade vulnerable to a potential bond market backlash against fiscal lar...